NOT LISTED FOR SALE

7390 Rice Lake Rd Duluth, MN 55803

Estimated Value: $340,000 - $644,000

4 Beds
3.5 Baths
2,560 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $136,500 $53 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $2,656/month

238 Days on Market

Highlights

  • 2 Car Detached Garage
  • Homecroft Elementary School Rated A-
  • Wood Siding

About This Home

As of August 2013

Fannie Mae property! Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing. For more information about HomePath financing and incentives, please visit www.homepath.com Great home on acerage with large rooms and some updates. New boiler, very large deck for enjoying the outdoors and warm evenings, spacious kitchen with tile flooring, generous rooms sizes, and almost fully finished basement with sauna and hot tub area. Barn is not included.

Last Agent to Sell the Property

Michelle Lyons

Port Cities Realty, LLC Listed on: 12/11/2012

Last Buyer's Agent

Michelle Lyons

Port Cities Realty, LLC Listed on: 12/11/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,366

Year Built

  • Built in 1985

Lot Details

  • 11.2 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 375-0020-04524

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,366

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Estimated Number of Acres: 11.2
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1280
  • Parcel Number: 375-0020-04524
  • Projected Closed Date: 08/26/2013
  • Range: 14
  • Section: 28
  • Stories: 2 Story
  • Twp Number: 53
  • Special Features: 84
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Kitchen, On Level: Main
  • Room 4: Master Bedroom, On Level: Second Floor
  • Room 5: Bedroom, On Level: Second Floor
  • Room 6: Bedroom, On Level: Second Floor
  • Room 8: Family Room, On Level: Lower
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2560
  • Total Fin Square Footage: 2560
  • Total Square Footage: 2560

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Oil
  • Heat: Boiler
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 11.2 acres

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2012
  • Tax Value: 3366

MLS Schools

  • School District: Duluth #709

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
Oct 2, 2013
Sold by
Federal National Mortgage Association
Bought by
Johnson Jon Edward
Seller's Agent
Michelle Lyons
Port Cities Realty, LLC
Buyer's Agent
Michelle Lyons
Port Cities Realty, LLC
List Price
$265,000
Sold Price
$136,500
Premium/Discount to List
-$128,500
-48.49%
Current Estimated Value
$456,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,998
Avg. Annual Appreciation
10.41%

Purchase Details

Closed on
Aug 20, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2012
Sold by
Shaw David F and Shaw Mary L
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Jon Edward -- Natl Title Ser
Federal National Mortgage Association -- None Available
Wells Fargo Bank N A $248,183 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $136,500 -48.5% $53 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $265,000 -- $104 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,914 $278,000 $45,400 $232,600
2023 $2,914 $264,400 $43,600 $220,800
2022 $2,964 $250,900 $41,800 $209,100
2021 $3,232 $228,700 $40,900 $187,800
2020 $3,316 $251,700 $37,600 $214,100
2019 $3,254 $251,700 $37,600 $214,100
2018 $3,054 $251,700 $37,600 $214,100
2017 $3,116 $251,800 $37,700 $214,100
2016 $3,088 $251,800 $37,700 $214,100
2015 $3,217 $247,900 $51,100 $196,800
2014 $3,217 $247,900 $51,100 $196,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4423945

REALTOR® Association of Southern Minnesota

APN: 375002004524